Bridgeport company sold equipment on july 1 2021 for 87500. The equipment had cost 245000...

70.2K

Verified Solution

Question

Accounting

Bridgeport company sold equipment on july 1 2021 for 87500. The equipment had cost 245000 and had 137000 of accumulated depreciation as of Jan 1. Depreciation for the first 6 months was 13700

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students